Entrepreneur Immigration in Saskatchewan, Canada
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Product Description
No quota restrictions, no age restrictions, low investment amount
Project introduction:Saskatchewan, Canada (abbreviated as Sask), is known as Canada’s“breadbasket,” famous for its ranches and wheat fields. Sask is located in the central part of Canada, along with Manitoba and Alberta, known as the three prairie provinces of Canada. Saskatchewan started its provincial nomination immigration program in 2007, which was suspended at the end of 2013. In 2015, the Saskatchewan government announced the restart of the SINP new policy and introduced the EOI system. The Saskatchewan Entrepreneur Immigration Program uses a scoring system for selection, granting a 2-year work permit first, and those who meet the conditions can apply for permanent residency. During the work permit phase, applicants can enjoy Canada’s generous welfare benefits, high-quality education, and comfortable living.
· Recommendation index:★★★
· Residence requirements:5Annual residence2year
· Processing period:3-3.5year
· Identity type:Work permit to permanent residency
· Investment amount:20Starting from 100,000 CAD
Project advantages:
No quota restrictions
No age restrictions
Low asset requirements, low investment amount
Can move to Canada for living and studying in advance
Application conditions:
Applicants must have a net worth of at leastCAD500,000;
The assets must be obtained and accumulated through legal means and certified by a designated third-party institution;
Applicants must have at least3 years of experience in operating/managing a business;Investment method:If investing in Regina or Saskatoon, the minimum investment amount is
100,000 CAD;
1If investing in other areas of Saskatchewan, the minimum investment amount is30Applicants must establish a new business or purchase a business in Saskatchewan:
2For a new business, the applicant must hold at least one-third of the shares or make an investment equivalent to20Applicants must establish a new business or purchase a business in Saskatchewan:
100,000 CAD in that business;
1For purchasing a business, the applicant must fully own the business;100If establishing a new business in Regina or Saskatoon, at least
2employment opportunities must be created for Canadian citizens and permanent residents (non-relatives) in Saskatchewan;
3Applicants must actively participate in the daily management of the business;2Accompanying persons:
Spouse
Unmarried children under the age of 18
1Application process:
21; Consultation and signing, preparing documents222; Business inspection (if applicable)
3; Submit an expression of interest (EOI)
4; Receive an invitation to submit an application
5; Interview (if necessary)
6; Obtain Saskatchewan approval letter
7; Apply for federal work visa
8; Arrive in Saskatchewan to operate a business
9; Meet provincial government requirements
10; Provincial government issues a nomination letter
11; Submit immigration visa application
12; Obtain file number
13; Obtain medical examination notice
14; Obtain immigration visa
15; Arrive (must arrive within one year from the date of the medical examination)
Supplementary note: The application process and time are for reference only, subject to the official actual approval.
Frequently asked questions:
1:
If the applicant has only held executive experience in a business in the past ten years, can they apply for Saskatchewan provincial nomination?
Answer:
Yes, both entrepreneur and executive identities are recognized. However, executive experience cannot be counted towards the score for “management experience.”2:
Is it necessary for the business to be engaged in production and processing locally in Saskatchewan to qualify for the 15 points export industry bonus?Yes, it must produce physical goods in Saskatchewan to qualify for the bonus.3:
Can expenses during the inspection period, such as hotel accommodation, airfare, and purchasing local businesses, be counted as investment amounts?None of these can be counted. Moreover, the government does not encourage applicants to make related investments before approval, but if the applicant has made investments before approval that are related to the business applied for, that investment amount may be considered as investment funds, and the specific situation will be assessed by the government.15分的出口业加分?
Is it necessary for the business to be engaged in production and processing locally in Saskatchewan to qualify for the 15 points export industry bonus?是的,必须在萨省生产实物商品才可有资格获得加分。
3:考察期间的花费例如酒店住宿、机票以及购买当地企业能否计算为投资额?
Is it necessary for the business to be engaged in production and processing locally in Saskatchewan to qualify for the 15 points export industry bonus?均不能。而且政府不鼓励申请人在获批前进行相关投资,但申请人如果在获批前进行了投资且与所申请的企业业务相关,该投资额可能被视为投资款,具体情况由政府评估决定。
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